Word: recessional
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Two years into the Great Recession, it's time to face the truth: optimism feels good, really good, but it turns out to be the methamphetamine of run-amok American capitalism. Meth induces a "Superman syndrome." Optimism fed into what Steve Eisman, a banking analyst who foresaw the crash, calls...
The 401(k) Alternative So what can be done to fix our retirement-savings mess? Most of the proposed fixes to our retirement plans have to do with getting people to save more or invest better. The most popular solution is the so-called automatic 401(k). Under that plan...
3. On the financial difficulties airlines are enduring: "Since 2000, seven major domestic airlines have either filed for bankruptcy protection or merged with competitors due to financial constraints. These financial constraints also reduce the quality of the air-travel experience; news stories abound showing increased traveler dissatisfaction with companies squeezing...
“Some people can be in dire situations...The recession has probably made people a lot more desperate.”
Like many things in Japan, the message is subtle. At least Japan's All Nippon Airways (ANA) hopes it is, now that the nation's second largest airline has started quietly asking passengers in Japanese to use the bathroom before boarding any of its 38 domestic flights or four international...